TJX Companies Inc

TJX: XNYS (USA)
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TJX Earnings: Merchandise Margins Expand Amid Bloated Wholesale Market; Shares Pricey

TJX's fourth-quarter results included 8.5% net sales growth and adjusted EPS of $1.43. Gross margin expanded 40 basis points to 30.9%, reflecting merchandise margin gains and continued shrink improvement, while every division saw comparable sales growth of at least 4%.

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